STOCK TITAN

Intracoastal holds 4.99% NFT Ltd stake via warrants

NFT Ltd (MI) received a Schedule 13G filing from Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC reporting a minority position in the company.

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

NFT Ltd (MI) received a Schedule 13G filing from Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC reporting a minority position in the company. As of the close of business on August 27, 2026, the reporting group may be deemed to beneficially own 28,333 Class A ordinary shares, all issuable upon exercise of “Intracoastal Warrant 2,” representing 4.99% of the outstanding Class A ordinary shares. These shares are subject to a 4.99% beneficial ownership blocker in Intracoastal Warrant 2 that limits further exercises above this level. Earlier, immediately following the August 21, 2026 Securities Purchase Agreement, the group may have been deemed to beneficially own 25,652 shares (about 9.99%) through shares issued and Intracoastal Warrant 1, also constrained by blocker provisions. All voting and dispositive power over the currently reportable 28,333 shares is shared, with no sole voting or dispositive power reported.

Positive

  • None.

Negative

  • None.
Current beneficial ownership 28,333 Class A ordinary shares Shares issuable upon exercise of Intracoastal Warrant 2 as of August 27, 2026
Current percent of class 4.99% Beneficial ownership of NFT Ltd Class A ordinary shares as of August 27, 2026
Shares outstanding baseline 231,129 Ordinary Shares Ordinary Shares outstanding prior to execution of the SPA
Initial beneficial ownership after SPA 25,652 Ordinary Shares Deemed beneficially owned immediately following the August 21, 2026 SPA
Initial percent of class after SPA 9.99% Beneficial ownership immediately after the SPA including Intracoastal Warrant 1
Maximum ownership without blockers (initial) 108,696 Ordinary Shares Potential beneficial ownership without warrant blocker provisions immediately after SPA
Maximum Intracoastal Warrant 2 shares without blocker 54,348 Ordinary Shares Potential beneficial ownership from Intracoastal Warrant 2 without its 4.99% blocker
Shares issued at SPA closing 279,600 Ordinary Shares Aggregate Ordinary Shares issued at closing of SPA transactions
Securities Purchase Agreement financial
"Immediately following the execution of the Securities Purchase Agreement with the Issuer on August 21, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
beneficial ownership financial
"each of the Reporting Persons may have been deemed to have beneficial ownership of 25,652 Ordinary Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
blocker provision financial
"Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise"
warrant financial
"Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
Schedule 13G regulatory
"This is being filed on behalf of ... collectively the "Reporting Persons""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What percentage of NFT Ltd (MI) does Intracoastal Capital LLC and its affiliates report owning?

They report beneficial ownership of 4.99% of NFT Ltd’s Class A ordinary shares, corresponding to 28,333 shares issuable upon exercise of Intracoastal Warrant 2, using the share counts and warrant mechanics described in the filing.

How many NFT Ltd (MI) shares are currently reportable as beneficially owned by the group?

As of August 27, 2026, the group may be deemed to beneficially own 28,333 Class A ordinary shares, all issuable upon exercise of Intracoastal Warrant 2, with shared voting and dispositive power over these shares.

What was the initial beneficial ownership reported after the August 21, 2026 SPA with NFT Ltd (MI)?

Immediately following the August 21, 2026 Securities Purchase Agreement, the reporting persons may have been deemed to beneficially own 25,652 Class A ordinary shares, representing approximately 9.99% of the outstanding Class A ordinary shares, including shares issuable upon exercise of Intracoastal Warrant 1.

What blocker provisions affect Intracoastal’s warrants in NFT Ltd (MI)?

Intracoastal Warrant 1 contains a 9.99% beneficial ownership blocker, and Intracoastal Warrant 2 contains a 4.99% beneficial ownership blocker. Each limits warrant exercises to prevent the holder and its affiliates from exceeding the stated ownership percentages.

How many NFT Ltd (MI) shares could be beneficially owned without the blocker provisions?

Without the blocker provisions, the reporting persons state they may have been deemed to beneficially own up to 108,696 Class A ordinary shares immediately after the SPA, and up to 54,348 Class A ordinary shares under Intracoastal Warrant 2 as of August 27, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G6363T123

(CUSIP Number)
08/21/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Mitchell P. Kopin
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin
Date:08/27/2026
Daniel B. Asher
Signature:/s/ Daniel B. Asher
Name/Title:Daniel B. Asher
Date:08/27/2026
INTRACOASTAL CAPITAL, LLC
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin, Manager
Date:08/27/2026
Exhibit Information

Exhibit 1 - Joint Filing Agreement